cost function | Page 10 | MathCelebrity Forum

cost function

  1. math_celebrity

    The total cost of producing x units for which the fixed costs are $2900 and the cost per unit is $25

    The total cost of producing x units for which the fixed costs are $2900 and the cost per unit is $25 Set up the cost function: Cost function = Fixed Cost + Variable Cost per Unit * Number of Units Plug in Fixed Cost = 2900 and Cost per Unit = $25 C(x) = 2900 + 25x
Back
Top